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A single-channel queuing system has an average service time of 16 minutes per customer, which is exponentially distributed. The manager is thinking of converting to a system with a constant service time of 16 minutes. The arrival rate will remain the same. The effect will be to:
Additions
Refers to increases or expenses added to a specific account, often relating to assets like buildings or equipment.
Extraordinary Repairs
Infrequent expenditures that extend an asset’s life (such as a new engine in a car).
Betterments
Improvements that increase the efficiency of an asset by adding accessories or replacing parts with more effective/powerful ones.
Revenue Expenditures
Expenses incurred during the normal operation of a business that are expected to be consumed within the same accounting period.
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